FMI has projected the seaweed packaging industry to reach a valuation of USD 682.1 million in 2023 and expected to rise to USD 1,224.5 million by 2033, with a significant compound annual growth rate (CAGR) of 6.0% during the forecast period. The seaweed packaging industry is gaining traction due to concerns over plastic waste and the …
Category Archives: food & beverages
United States & Canada Aluminum Tubes Industry is Supposed to Rise at a CAGR of 4.4% by 2033 | Future Market Insights, Inc.
The United States & Canada aluminum tubes industry size is estimated to reach USD 177.2 Million in 2023. From 2023 to 2033, demand for aluminum tubes in the United States & Canada markets is likely to surge at 4.4% CAGR. By the end of 2033, the total market valuation is projected to exceed USD 272.7 Million. …
United States & Canada Cold Chain Packaging Market is Growing at a Strong CAGR of 12.2% by 2033 | FMI
The market for cold chain packaging in the United States and Canada is anticipated to reach a value of USD 6.9 Billion in 2023. From 2023 to 2033, it is expected to expand at a CAGR of 12.2%. By the end of 2033, it is projected to have a value of USD 21.8 Billion. By 2023, it is expected that the …
Baffle Bags Market Set for Strong Growth: Key Drivers, Industry Trends, and Future Projections
The global baffle bags industry is poised for significant growth, with an expected valuation of USD 547.4 million in 2023 and a projected compound annual growth rate (CAGR) of 6.0% through 2033, reaching USD 978.5 million by the end of the forecast period. The market is benefiting from the increasing demand across key sectors such as …
Gusseted Bags Industry Poised for Robust Growth: Innovations, Sustainability Trends, and Market Projections Through 2032
The global handle gusseted bags industry is poised for significant growth, with a projected compound annual growth rate (CAGR) of 2.8% during the 2022 to 2032 period. According to recent market analysis, the market was valued at USD 23.2 billion in 2022 and is expected to reach USD 30.58 billion by 2032, driven by an increasing …
Carton Serialization Machine Market to Grow Significantly, Projected to Reach USD 4.17 Billion by 2032
The global carton serialization machine industry is poised for substantial growth, with a projected compound annual growth rate (CAGR) of 3.7% from 2022 to 2032. According to a recent study by Future Market Insights (FMI), the market, valued at USD 2.9 billion by the end of 2022, is expected to expand to USD 4.17 billion …
Cigarette Packaging Machine Industry Set for Steady Growth, Expected to Reach USD 22.60 Billion by 2032
The global cigarette packaging machine industry is projected to experience steady growth over the next decade, with an expected compound annual growth rate (CAGR) of 3.2% from 2022 to 2032. By the end of this forecast period, the industry is anticipated to reach a valuation of USD 22.60 billion, up from USD 16.49 billion in …
Global Heat Seal Pouch Industry Poised for Significant Growth, Expected to Reach USD 22 Billion by 2032
The global heat seal pouch industry is on track for significant growth, projected to reach a valuation of USD 22 billion by the end of the 2022 to 2032 forecast period. From a valuation of USD 14 billion in 2022, the industry is expected to experience a compound annual growth rate (CAGR) of 4.6% over …
Tray Sealing Machines Market is Growing at a Strong CAGR of 3.5% from 2024 to 2034 | Future Market Insights, Inc.
The global market for tray sealing machines is expected to witness consistent growth, with sales projected to reach USD 5.9 billion in 2024, growing at a compound annual growth rate (CAGR) of 3.5% over the forecast period and ultimately reaching USD 8.2 billion. In 2023, the market generated revenues of USD 5.7 billion and is projected to …
Disposable Cutlery Market to Reach USD 2.6 Billion, Globally by 2033 at 4.9% CAGR: Future Market Insights, Inc.
As per the recent market research conducted by FMI, the global disposable cutlery market is expected to value USD 2.6 billion by 2033. In 2023, the market size is anticipated to be USD 1.6 billion. The CAGR during the forecast period is projected to be at 4.9%. The COVID-19 pandemic has taught the world to focus more on hygiene. Owing …